Candidate Donald Trump railed against America’s chronic trade deficits, vowing to eliminate them if he became president. So, how’s Trump doing? Awful. Trade deficits are growing on his watch. The overall trade deficit in September was 21% larger than during his first full month in office.
Trump administration officials have admitted that last summer they knowingly withheld billions of dollars Congress appropriated to help Puerto Rico recover from Hurricane Maria. House Democrats say withholding the relief money violates the law. The HUD delay meant the island missed a deadline to apply for billions of dollars in disaster relief funds, raising doubts about when, if ever, the money will flow to the island devastated in September 2017 by a Category 5 hurricane.
Critics of a Kremlin-linked industrial giant investing $200 million in a new aluminum plant in Kentucky say it gives Moscow political influence that could undermine national security. Pointing to Moscow’s use of economic leverage to sway European politics, they warn the deal is a stalking horse for a new kind of Russian meddling in America, one that exploits the U.S. free-market system instead of its elections.
If you like sewage, chemical wastes or radioactive molecules in your drinking water the Trump Administration has your back. It’s part of Team Trump’s determined efforts to remake the Environmental Protection Agency into the Environmental Pollution Agency. Soon the U.S. Supreme Court, urged on by Team Trump, may give its stamp of approval to effectively undo many benefits of the 1972 Clean Water Act in a case from the Hawaiian island of Maui.
Thanks to Donald “I’m the King of Debt” Trump, our federal government’s debt is rising much faster than under President Barack Obama despite Trump’s frequent assertions that the economy is much better now that he is in the White House. And that $300 per month of added debt you owe via our Uncle Sam is scheduled to grow and grow.
Donald Trump keeps boasting about what a great economy he should get credited for creating. But his administration’s own reports don’t support his claims, which also don’t come close to what he promised voters. His results so far have been, well, just average.